Financial institutions have purportedly already tapped $2.8 trillion in credit lines from the Treasury. The loans are the largest provided in an economic emergency since the New Deal of the 1930s, in the wake of the Great Depression.
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Monday, November 24, 2008
Swedish CEO says he will work for free
Lars G. Nordstrom isn't the only CEO being criticized these days for earning too much money during the world financial crisis. But he may be one of the few who has reacted by deciding to work for free.
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IMF chief: Worst yet to come for global financial crisis
The IMF's chief economist has warned that the global financial crisis is set to worsen and that the situation will not improve until 2010, a report said Saturday.
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Why Unemployment Could Be Worse This Time
This fall a number of economists began predicting unemployment would rise to 8% during this recession, up from a reading of 6.5% in October. It would be the highest jobless rate in years.
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BREAKING: U.S. Provides Massive Bailout to Citigroup
The U.S. federal government on Sunday announced a massive rescue package for Citigroup, saying it would guarantee more than $300 billion in company assets, while injecting an additional $20 billion in capital into the embattled bank.
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Obama Inaguration Talk On Zennie62 BlogTalkRadio December 1st - 2:30 PM PST
I'm annoucing my first online radio broadcast. This one is on the "Obama Inauguration" and set for December 1st. I'm also expecting great special guests from various organizations to help us all get ready for this great event. Question about hotels and loging? What about events both paid and free? What should you prepare for in the matter of the weather? Safety? Budget? This show will help answer those questions.
I've moved the recording time up to 2:30 PM Pacific Standard Time, 4:30 PM Central , and 5:30 PM Eastern to make sure we can have more people engaged in hearing and responding to this conversation. The call in phone number is 646-929-0855, or you can talk through your computer. The FAQ page reports: "BlogTalkRadio includes a feature on the show page which allows listeners to select the "Click to Talk" button during any live show and, through a microphone connected to the listener's computer, join the show as a caller. This service is free to listeners."
Here's the show link, or you can go to http://www.zennie62.com and
click on the link there.
http://www.blogtalkradio.com/
I've moved the recording time up to 2:30 PM Pacific Standard Time, 4:30 PM Central , and 5:30 PM Eastern to make sure we can have more people engaged in hearing and responding to this conversation. The call in phone number is 646-929-0855, or you can talk through your computer. The FAQ page reports: "BlogTalkRadio includes a feature on the show page which allows listeners to select the "Click to Talk" button during any live show and, through a microphone connected to the listener's computer, join the show as a caller. This service is free to listeners."
Here's the show link, or you can go to http://www.zennie62.com and
click on the link there.
http://www.blogtalkradio.com/
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